How much is the minimum wage in Mexico?
As of January 1, 2023, the minimum wage will be 207.44 pesos in general and 312.41 pesos in the Northern Border Free Zone.
In 2022 the salary was 172.87 pesos and 260.34 pesos at the border.
This is how it has risen with AMLO
Since the beginning of the government of López Obrador, the possibility of the minimum wage being 260 pesos was raised, so from his first year in government he made the first increase, at that time of 16%, to go to 102.68 pesos a day.
One year later the adjustment was 20% to reach 123.22.
The lowest increase occurred in 2021, since after the pandemic and the economic crisis derived from it, the adjustment was 15%, to stand at 141.20 pesos.
By 2022, the movement benefited 6.4 million Mexicans, according to the head of the Ministry of Labor, Luisa María Alcalde. It was said that the agreement of this increase was given unanimously between employers, workers and the government.
What does the business sector say?
The business sector had proposed an increase of 15% for 2023, while the workers considered it to be 25%. The government suggested 20%, a figure that ended up being agreed by all parties.
The business sector celebrated the increase in the minimum wage and reiterated its willingness to dialogue with all sectors and reach consensus. Although other businessmen requested less pressure for the costs assumed by the companies.
“The CCE and the organizations that comprise it endorse their vision of the social dimension and their commitment to improve the income of Mexican workers, since it is a priority for the private sector to provide solutions to the challenges facing our country and contribute to the construction of a more prosperous Mexico, despite inflationary pressures,” the Business Coordinating Council reported in a statement.
Concanaco Servytur stated that they require tax incentives that increase productivity.
“We support the efforts aimed at recovering the purchasing power of workers but we cannot forget the companies, especially the small and measured ones, which are the engine of the Mexican economy,” explained the president, Héctor Tejada Shaar.
